Yes! Buying on dip is a good plan. Every now and then BTC will reach new all time high and subsequently a massive FUD and correction will take place. After correction we will see some weak hands selling and ranting "BTC Scam, Crypto sucks". It is a common strategy to buy on dip and sell on new high. TIP: Summer is the sale season for crypto and Winter is for raking your gains.
sometimes selling is the right choice to avoid bigger losses, then buying back when it hits bottom. bitcoin is very sensitive to bad news, there is little bad news that hit bitcoin there will be many holders panic and then sell. people with big capital take advantage of this moment to buy.
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next 10 years? as an illustration let's go back to 10 years ago. 10 years ago the price of 1 bitcoin was much cheaper than the price of a used motorcycle. but the price of bitcoin is now equivalent to a new car, even the highest price of bitcoin yesterday almost equaled the price of a sports car. maybe in the next 10 years (from now) the price of bitcoin is on par with a private jet.
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Honestly, I'm still confused about the meaning of your question, what do you mean by following? We all know that there is no atcoin that can exceed bitcoin in all aspects. I admit that ethereum is the biggest altcoin right now, but that doesn't mean it can beat bitcoin (even in the future)
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If not, then we’re going towards bear territory and recovery would take years before a trend back up.
You don't have to worry about that. bull market does occur every few years (in my opinion every 4 years). this is part of the bitcoin cycle, and it will continue to happen forever. This cycle will give you the best time to sell and buy.
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I think still not starting of recovering. Some bad news gone everywhere.. So as usual it need some good news related to the crypto side. But I'm pretty sure BTC pass 60k again In this year...
what makes you sure if BTC will cross $ 60k again this year? bear market is over and we will meet again in 2025. throw away that belief, focus on working and collecting bitcoins. and one more thing, there will be no news that will make your belief come true
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even when you buy bitcoin at the price of $ 60k you have nothing to lose if you then hold it until 2025. no need to panic, this is the bitcoin price cycle. Say goodbye to the bull market and see you in 2025.
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Not sure how accurate Indian COVID numbers are but that peak isn't going to be the last. Only way you get control of COVID is through herd immunity, whether through natural immunity or vaccine distribution. India has neither, so expect a few more steep increases. US is a good example of how there were numerous peaks and declines. It's only until the vaccines rolled out until the decline of cases remained down.
natural immunity is too risky because To achieve this goal more than 85% of the population must be infected. if this happens, the number of victims who die will experience a very significant increase. in other words it was the same as sacrificing them I think immune will naturally happen by itself. try to look at the graph of the number of infections due to this virus. agree or not natural immunity will form by itself. it is too difficult to stop the spread of this virus, maybe natural immunity is the only way to defeat this virus.
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in some large countries such as the US if they have received the vaccine they are allowed to remove the mask. I was a little surprised to read this news. I think the policy cannot be applied in all countries. do vaccines really make someone immune? I think the policy is implemented so that vaccination can run quickly. if after receiving the vaccine it is allowed to remove the mask, the community will be happy to receive the vaccine. of course everyone knows that wearing a mask is something that is less fun
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What a shame for a person who does not respect the health protocol regulations, people who violate health protocols are selfish people who do not think about others. With the presence of many such selfish people, in the end the spread of the corona virus became too late to control. If now COVID-19 is increasingly frightening and new variants emerge, it all started because of underestimating health protocols. Hopefully the government will be more firm in dealing with violations of health protocols.
they do not apply health protocols because they are not used to new habits. wearing masks and keeping their distance is a new habit that is difficult for them to do. another reason is because they currently think the covid virus pandemic is over
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At present, even though there is a Covid-19 vaccine, the increase in Covid continues to increase in several countries, one of which is India, if Covid-19 has completely disappeared on this earth, then world economic growth will gradually increase, because currently there is a lot of unemployment which makes people have to adapt back to their original jobs
Indian government made the mistake of prioritizing 45 plus age group for vaccination. They should have actually vaccinated as many people as possible with the first dose, before administrating the second dose. But they went the other direction and that reduced the vaccine coverage. Now most of the deaths are occurring among those who are under 45 years. And given the enormous population size of India, the situation is unlikely to change for the next 5-6 months. a shortage of medical personnel and a limited number of vaccines forced the government to implement the system. vaccinations are carried out periodically, the first to get the vaccine is medical personnel. then after that the government apparatus and after that the elderly.
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he has a lot of money and a large social media following. therefore it is not difficult for Elon Musk to control the market. look a few days ago, he made the price of the doge go up quite significantly. after getting a lot of profit he left the doge which made the price of the doge go down.
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today the market is back in red and bitcoin price has dropped below $ 40k. the bull market is over and I have a bad feeling for the next 1 or 2 months. Be prepared for the worst because the price of bitcoin will drop quite a lot after this.
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no one will ever know for sure what will happen next. but I wouldn't say the 2021 bullish period is over. Maybe now is an opportunity to buy and always believe that the market will definitely go up again. everyone certainly does not believe what is happening at this time, and I myself do not know exactly what is the cause of all this. But I still believe that the market will be bullish again.
For long-term traders who have sufficient capital, this is an opportunity for them to be able to buy potential Bitcoin or Altcoins at a low price. It's not that the bulls in 2021 are over, because no one knows for sure that in the future the market price will go up or down, which is sure to have strong confidence in the coins we hold is the best way. So don't get carried away because there is a lot of panic by weak hands when there is a downward trend in market prices. bull market is over, now the question is to what extent will bitcoin price go down. in 2017 after the tremendous price increase bitcoin lost in price by up to 50%. will this happen again this year? I will wait for this
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the transportation sector has experienced a tremendous decline. This happens because there is a ban from the government that prohibits people from going to another city. As a result, many intercity transportation vehicles find it difficult to get passengers and of course it also has an impact on the income of transport drivers.
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very correct ! this scenario will continue to occur, after there is a tremendous increase in price there will be an even more extraordinary decrease in price. If you pay attention to the market, maybe you will think that the 2018 scenario will happen soon.
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For Bitcoin, I believe that more than 100K in this years, and for altcoin, I still believe it can minimum of 10x from the current price, no matter what the coins. So in this fact I prefer to invest in altcoin rather than in Bitcoin, this just personal opinion, and not financial advice, dyor I think for newbies must to check the chart of 2017 if I pay attention to this condition, it is not much different from the condition in 2017. where at that time the price of bitcoin soared very high and after that there was a tremendous drop in prices. be prepared because I feel a similar incident will happen in the near future.
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Huh? I am confident that Bitcoin will reach $100k one day. I wouldn't even doubt that at all, but it may take some time. Could also happen this year, we aren't far from $100k.
impossible this year the price of bitcoin will reach $ 100k, now the price of bitcoin continues to decline. looks like bitcoin has passed the peak and I think the price decline will continue. waiting for the next ATH
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